ZEC, AAVE, and XRP led the altcoins in Bitcoin's rally.
Peter Schiff took to the social media platform X to share his thoughts on artificial intelligence. He believes that AI is a competitor rather than an aid to Bitcoin.
August 24, 2026, 6:52 pmBitcoin derivatives markets are running hot while bitcoin’s price tagged an intraday high of $79,989 Monday, with traders stacking billions into futures and options while paying increasingly steep premiums to chase even higher prices.
August 24, 2026, 6:31 pm
Bitcoin rebounded to an August high of $79,989 after briefly dipping below $77,000, recovering from a weekend market slump. Market Recovery and Bitcoin Price Swings Bitcoin nearly tapped $80,000 on Monday as the cryptocurrency market appeared to recover from a weekend slump, which saw several high-cap altcoins back off from multi-month highs.
Bitcoin and Ethereum ETFs booked their strongest inflow week since October, but most of the gain came from coins investors already owned getting more valuable.
U.S. spot bitcoin ETFs drew $1.92 billion in net inflows during the week of August 17 to August 21, while ether funds added $697.18 million. Solana, XRP and HYPE ETFs also finished the week in positive territory as institutional demand broadened across the market.
The total crypto market saw over $474 billion flood back in after a single line from the U.S. Treasury Department announcement. We asked our newsletter readers if they thought the move was real and had more legs to the upside.
Bitmine is about 187,000 Ethereum short of its 5% of supply target.
Strive purchased 1,110 bitcoin for $81.5 million, raising its total holdings to 21,356 BTC as the seventh-largest public company holder.
The surge in call options for IBIT signals strong bullish sentiment, potentially driving Bitcoin prices higher and solidifying IBIT's market dominance.
Bitcoin price gains can draw new buyers into crypto by lifting expectations for future returns, a Federal Reserve Bank of Cleveland experiment found. According to the report, participants shown Bitcoin's previous 12-month performance became more bullish on crypto.
Bitget CEO Gracy Chen doesn’t believe the current Bitcoin rally is sustainable, and she aims to buy more BTC around the $50K mark later in 2026 or early next year.
$78,664.00 +1.73%
$1.58T Market Cap
$52.17B Total Volume (3.30%)
$126,080 All Time High -37.61%
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